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Now to Western Australia, where Federal Treasurer Jim Chalmers popped in for a visit today.

And he was full of praise for one organisation in particular that he hasn’t been too fond of the past few years – the Reserve Bank.

From The West Australian’s state political editor Jess Page:

Treasurer Jim Chalmers says he won’t “second-guess” the decisions made by the Reserve Bank of Australia despite previously saying they were “hammering” working families.

Dr Chalmers made the comments in Perth on Friday during a whistle-stop visit, hours after Ms Bullock told a parliamentary committee the RBA’s board was “arguably late raising interest rates on the way up, we didn’t respond as quickly as we should have to rising inflation.”

The RBA this week cut the cash rate for the first time since November 2020, from 4.35 per cent to 4.1 per cent.

When asked whether the Reserve Bank moved too late to help families, Dr Chalmers said: “I don’t second guess the decisions taken by the Reserve Bank Governor and her board.”

Read more on Dr Chalmers’ sudden change of heart here.